Danish prime minister calls Trump's interest in buying Greenland 'absurd'

Clay Curtis
August 19, 2019

Speaking on NBC's "Meet The Press", Trump economic advisor Larry Kudlow says the U.S.is actually doing well.

"I'm just saying the president, who knows a thing or two about buying real estate, wants to take a look at a Greenland purchase", Kudlow told Fox News.

The Wall Street Journal reported Thursday that Trump had expressed interest in the self-governing part of Denmark - which is mostly covered in ice - asking advisors if it would be possible for the United States to acquire the territory.

Trump confirmed to reporters on Sunday that he had recently discussed the possibility, though he said such a move was not an immediate priority.

"It's hurting Denmark very badly because they're losing nearly $700 million a year carrying it... and strategically, for the United States, it would be nice", he added.

The US military has operated for decades from Thule Air Base in Greenland, which is situated between the Atlantic and Arctic oceans. "Strategically it's interesting, and we would be interested, but we will talk with them a little bit".

"Essentially, it's a large real estate deal".

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When asked if he would consider trading a U.S. territory for Greenland, Trump replied that "a lot of things could be done".

Trump suggested that Denmark loses nearly $700 million a year overseeing the massive ice-covered island with about 58,000 residents.

Although amused, they're definitely not warming up to the USA president's talk of being bought.

He said it's a "fool's errand to think you're going to be able to get China to change the fundamentals of their economic model by poking them in the eye with some tariffs".

"It's an absurd discussion, and Kim Kielsen has, of course, made it clear that Greenland is not for sale".

But markets were hit with a fresh surprise when Trump suddenly announced that as of September 1 he was imposing punitive 10-percent tariffs on $300 billion in Chinese goods that had so far been spared.

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